We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 25 August 11
OPG EXPECTS COAL PRICES TO REMAIN FIRM IN THE SHORT TERM
 COALspot.com - Revenue of OPG, the developer and operator of Group Captive power plants in India up 188% to £33.15m and Income from continuing operations (before tax, non operational / exceptional items) up by 66% to £ 13.01m from £7.83m in 2010 for the year ended 31 March 2011, according to the statement posted on the company's web site.
"OPG made significant progress in the year, with the successful commissioning of the 77 MW Chennai I facility and substantial advancement of the development pipeline that is set to deliver in excess of 742 MW by 2013, for which we are fully funded, and a total 1250 MW of capacity by 2015", said M.C.Gupta, Chairman of OPG.
OPG is a Group Captive producer of thermal power with a current operating capacity of 107 MW. A further 537 MW is under construction or development with all of this capacity scheduled to come on-stream during 2012 and 2013. Another 600 MW is in the pipeline, giving a projected total capacity of 1250 MW by 2015, a greater than tenfold increase from the current position.
"The year ended 31 March 2011 was a landmark year for OPG, with the successful commissioning of the Group's first major project of 77 MW", Chief Executive's statement posted on web site.
Indian power market remains in deficit
According to OPG, despite volatility elsewhere in the global economy, India's GDP is expected to continue to grow at around 8% in the coming years, resulting in annual power demand growth of 10%. India's total planned capacity additions as at 31 March 2011 were only 52% of the targeted 78,000 MW and there remains an expected shortfall of 30-35% versus the target by March 2012. This trend points towards continuing and increasing power production deficits which currently run at about 10%.
OPG maintains flexibility in its procurement of coal
OPG is planning to secure its fuel supplies from domestic as well as from overseas. 70% of OPG's projects under development have committed supplies of Indian coal, with the remaining 30% utilizing imported coal. This balance of supply has enabled OPG to establish close working relationships with both domestic and imported coal suppliers, thereby mitigating the threat of coal not being available from any one source, company said in its website.
With coal in relatively short supply, the Indian power sector has unsurprisingly experienced upward price pressure for this key input to the power business. Most Indian power producers, unlike OPG, are reliant on obtaining coal either from the development of coal blocks or entirely on imported coal.
OPG expects the coal prices to remain firm in the short term given the current economic growth rates in Asia, although prices should eventually stabilize in the medium term as coal supplies and demand fall more into line.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...
Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...
Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...
Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...
|
|
|
Showing 5111 to 5115 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- White Energy Company Limited
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
|
| |
| |
|
